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NEAL LETHCO 29-2 F

Operated by DIAMONDBACK E&P LLC (P-5 217012) in the HOEFS T-K (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 54334District 08Field 41911500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$52.8 M
Mar 2020 – May 2026
Value, last 12 filed months
$5.2 M
at the published price for each month
Months reported
75
no gaps in the span
Streams
2
oil, casinghead gas

The HOEFS T-K (WOLFCAMP) field

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 612 leases and 960 wells, and the rule below applies to all of them.

Discovered
1988-02-06
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 2019-12-17.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: “COMPLETION DATE DUE TO RECLASS USING HEPTANES PLUS ANNALYSIS.”

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
OilDisposition695,141 bbl$49,465,730
Casinghead gasProduction862,582 Mcf$3,355,935
Total$52,821,665

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 31.0879, -102.9932. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.08794, -102.99316 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
8,948 ft
1 wells filed one
Completion to plug
—
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 8,948 ft.

Completions filed
Aug 2020
1 of 1 wells

1 well

42-371402076BS8,948 ftAug 2020——

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (75)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

75 months

May 20266,7398,639106.413.05$743,410
Apr 20265,7107,35598.932.87$585,997
Mar 20266,3608,68689.753.15$598,166
Feb 20265,8815,76763.503.75$395,072
Jan 20266,6535,25659.138.00$435,429
Dec 20256,2585,15856.664.41$377,342
Nov 20255,5367,15758.593.93$352,456
Oct 20254,8667,73259.383.30$314,496
Sep 20253,7546,00962.743.08$254,015
Aug 20255,2278,96863.933.01$361,198
Jul 20255,5478,58466.743.32$398,664
Jun 20255,3998,30866.483.13$384,919
May 20255,7509,81160.553.23$379,875
Apr 20255,4649,73262.363.54$375,217
Mar 20256,12510,96067.704.27$461,443
Feb 20255,7739,94970.884.34$452,377
Jan 20256,65310,73874.324.28$540,395
Dec 20246,8089,99468.993.12$500,879
Nov 20246,7667,03769.052.20$482,663
Oct 20245,4417,26071.372.28$404,887
Sep 20244,0036,64969.612.36$294,369
Aug 20242,8475,75875.632.06$227,201
Jul 20244,5458,36279.932.15$381,232
Jun 20245,0408,37078.082.63$415,570
May 20245,6518,32878.812.20$463,664
Apr 20245,5788,88984.451.66$485,811
Mar 20246,38210,15980.301.55$528,172
Feb 20246,14010,35276.091.78$485,657
Jan 20247,04312,26673.023.30$554,729
Dec 20237,59214,55871.262.61$579,013
Nov 20236,91614,68377.892.81$579,911
Oct 20236,00714,39685.443.09$557,683
Sep 20235,78815,95789.042.74$559,007
Aug 20236,17516,32580.522.67$540,846
Jul 20237,48016,79274.852.64$604,239
Jun 20238,27013,36268.962.26$600,477
May 20238,82816,28870.622.23$659,713
Apr 20237,38614,74778.122.24$609,995
Mar 20236,51813,20972.852.39$506,448
Feb 20235,73011,89075.112.47$459,697
Jan 20236,11613,73776.533.39$514,595
Dec 20226,40214,54176.415.73$572,483
Nov 20227,42114,76485.005.65$714,146
Oct 202210,70015,71487.185.86$1,024,969
Sep 20229,52813,91784.888.16$922,351
Aug 20229,57513,26994.529.13$1,026,137
Jul 202212,30114,107101.587.54$1,355,932
Jun 20229,84210,679115.097.98$1,217,904
May 202213,95719,437109.378.43$1,690,390
Apr 202213,41215,569104.226.84$1,504,253
Mar 202214,57617,553108.885.08$1,676,141
Feb 202213,21816,76891.054.86$1,284,972
Jan 202214,43713,42381.844.54$1,242,433
Dec 202116,47615,34271.323.90$1,234,889
Nov 202115,35016,14677.435.24$1,273,105
Oct 202120,15818,01179.795.71$1,711,319
Sep 202120,22717,96069.865.35$1,509,161
Aug 202118,91618,59466.024.22$1,327,312
Jul 202119,78318,92270.783.98$1,475,590
Jun 202118,06015,74569.493.38$1,308,217
May 202114,11912,03263.483.02$932,583
Apr 202121,33116,90160.362.76$1,334,159
Mar 202121,52415,52961.302.72$1,361,613
Feb 20217,8496,40957.805.55$489,229
Jan 202122,41617,96250.412.81$1,180,469
Dec 202026,57419,79144.642.68$1,239,213
Nov 202023,35121,72938.772.71$964,129
Oct 202025,15316,72336.972.48$971,353
Sep 202012,2359,52037.091.99$472,751
Aug 20209,5057,34839.982.39$397,536
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

May 2026 — as filed, then multipliedworked
Oil                6,739 bbl  × $106.41 =   $717,097
Casinghead gas     8,639 Mcf  × $  3.05 =    $26,313

────────────────────────────────────────────────────
Month total                                 $743,410

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 08/O/54334 is the state's own key, not one this site invented.